Metropoly is a startup that has spearheaded a revolution in the real estate industry by designing blockchain solutions to remedy the situation in the sector. The startup allows users to own real estate that is backed by digital assets like NFTs in record time and at cheaper prices. The process of buying real estate property normally takes months to complete and requires huge amounts of money to make a purchase let alone the paperwork involved. These attributes turn away many potential investors especially those who do not have deep pockets to finance real estate trade deals. With the scheme from Metropoly, users can own real estate backed NFTs from as low as $100 and purchases can be made in 20 seconds on average. This decentralized system gives many users access to real estate in a manner that allows for equity and transparency. Potential investors could own a fraction of a real estate property from as low as 0.1% fractional ownership.
According to data from Metropoly, no banks are needed for investors to trade in these real estate digital assets. The framework that has been developed by the firm also eliminates paperwork and hidden fees from the process of making trade deals. Instead of passing through many real estate agents and applying for loans and mortgages to finance purchase of properties while filling in a lot of paperwork, the scheme that has been developed by Metropoly works as follows:
First, users will need a digital wallet. The users will then create an account with Metropoly and connect it to their crypto wallets using Metamask or Trust Wallet. Once the wallet is linked to the Metropoly account, users can now enter the real estate market place available on the Metropoly platform. From here, users get access to premium properties ranging from high rise apartments, penthouses and luxury villas in major cities across the globe. Once a user has perused through the available properties, he/she can make a purchase of a part of their preferred real estate property from as low as $100. This purchase is facilitated by NFTs and is fast, secure, transparent and immutable. Metropoly then manages the properties and any sales resulting from their management operations can earn the investors income because real estate properties appreciate in value with time.
The startup offers many benefits to its users. Once the users own property on the platform, they can generate monthly income in rent. Apart from that, passive income can arise from the value appreciation of the properties therefore building more wealth for the owners. Another benefit of investing in Metropoly products is the provision of high stability in the investment. Real estate properties are fairly insensitive to inflation and on top of that, their monthly rental income increases on a yearly basis making them a high stable investment for users. The firm has also managed to democratize investments in real estate. With real estate being the best long-term investment, at least according to data from the US, a lot of people can not get access to products within their own country or from the international market because of lack of enough funds. This has been eliminated by the framework that Metropoly has developed.
Currently the startup has already raised funds to a tune of over $180 000. It is currently in presale and yet to launch to the public. Investors have the ability to buy METRO tokens from a rate of $0.0625 per token but with a minimum investment of $100. The tokens can be paid for by use of USDT, ETH or BNB. The startup has in-cooperated many tiers into their platform to attract investors from all financial backgrounds. Its platinum membership for instance affords users certain benefits like access to the beta version of Metropoly as well as Metropoly NFT collection among other benefits.
Imagine being able to own a part of a high rise apartment along billionaires row in New York. The asset is then managed by a company that has listed it on AirBnb as a rental. Every time a new tenant gets residence, you get paid your share. All made possible with the help of blockchain and web3 technology. What are your thoughts on this subject.
